Genesis Day Trade

[WCOMtrader]

I am at the Flushing office, and they are setting up one on wall st.
Commission: 0$
No ticket charges
ECN rebates (full)
Payout 30%
no up front capital.

There are other structures with commission and higher payout.

If you need more info, send an email or PM me

 

[goldenarm]

If I work there, would I have to churn crap like WCOM for pennies?

 

[cashonly]

Originally posted by WCOMtrader
I am at the Flushing office, and they are setting up one on wall st.
Commission: 0$
No ticket charges
ECN rebates (full)
Payout 30%
no up front capital.

Hmmm... No commission, "FULL" ECN rebates, no upfront capital... sounds like you could pull a Swiftrade all on your own. Just provide ECN liquidity and as long as you get the FELL rebate and have no capital invested, it doesn't matter whether you're profitable or not, just collect your rebates.

 

[VOLUME]

You said $0 commission with ECN rebates. What happens if you remove an ECN?

 

[WCOMtrader]

Originally posted by VOLUME
You said $0 commission with ECN rebates. What happens if you remove an ECN?

 

[WCOMtrader]

you get charged the appropriate fee.